If you get so large that you need to invest in technology, you'll likely need to get a sub-servicer anyway to do it for you and keep you compliant. 

Hi Adam,The seller pays the seller commissions and (usually) covers the buyers commissions as well so you shouldn't worry about those fees.The 10% vs 20% I feel like is a personal opinion.

The good subs in your area will likely have plenty of work already and may not even return phone calls.

Yes, you could do so, but it doesn't sound like you did anything on your end.

It seemed like a long-term play with less price or industry volatility.

I like the space as this is pretty fragmented vs MH, so cap rates seems to trend higher. 

they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..

I plan to continue to purchase buy & hold properties but would like to invest in multifamily properties to create cash flow.

I suspect I can build this in 6 to 10 hours, but it is always helpful to have another brain on the job. 3) There is an advanced function I would like to build, but sadly I can't recall the mathematical functions necessary to make the calculations. 

He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.